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On August 26, Senator Elizabeth Warren called for a significant reduction in interest rates by the Federal Reserve, advocating for a cut of at least 75 basis points. She argues that Federal Reserve Chair Jerome Powell has delayed action for too long, which she believes puts numerous jobs and the broader economy at risk. Despite Warren's push for a substantial rate cut, market expectations suggest a smaller reduction might be more likely.
Senator Elizabeth Warren is pushing the Fed for a major 75bps rate cut, raising questions about economic policy and its impact. Watch now for insights on this critical move! #cryptonews #InterestRates #Economics #FederalReserve #Warren https://t.co/PLYF8S9Osb
🚨 BREAKING: ELIZABETH WARREN DEMANDS MAJOR FED RATE CUT On Aug. 26, Senator Elizabeth Warren urged the U.S. central bank to slash interest rates by 75 basis points, arguing that further delays risk jobs and the economy. However, market expectations lean towards a smaller cut,… https://t.co/bLXbVujt4x
The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut — #Economics https://t.co/TGScEDhSnl
